eCommerceNews Canada - Technology news for digital commerce decision-makers
Canada

Credit risk Stories - Page 2

Global Stories

Credit risk stories

Google launches Gemini Enterprise for financial services
Data Protection

Google launches Gemini Enterprise for financial services

Banks can now use Google's new AI tools for regulated research and risk work, with audit trails and controlled data access in preview.

By Mark Tarre • 4 min read • Last month
Worth launches real-time decisions for small firms
Data Analytics

Worth launches real-time decisions for small firms

Small business borrowers could get approvals in minutes as the platform cuts manual checks for banks and lenders processing applications.

By Karen Joy Bacudo • 4 min read • Last month
Intelligent flexible Payments: A new approach to reducing preventable debt
Fintech

Intelligent flexible Payments: A new approach to reducing preventable debt

Households could benefit from payment plans that match irregular incomes, as energy suppliers seek to curb rising arrears and debt.

By Graham Scanlon • 5 min read • Last month
Revolut launches AI research unit for banking models
Data Analytics

Revolut launches AI research unit for banking models

The fintech is using its 80 million customers' data to sharpen fraud checks and lending decisions as banks race to build their own AI tools.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Credolab joins FICO Marketplace for behavioural credit
Fintech

Credolab joins FICO Marketplace for behavioural credit

Borrowers with thin credit files could be easier to score as FICO clients gain access to Credolab's behavioural risk and fraud tools.

By Karen Joy Bacudo • 4 min read • Last month
Equifax launches Dun & Bradstreet data deal in A/NZ
Data Analytics

Equifax launches Dun & Bradstreet data deal in A/NZ

Local firms will gain access to more than 650 million overseas company records for trade, credit and supply-chain checks from 9 September.

By Sean Mitchell • 4 min read • Last month
Rezolv raises USD $12.5 million to expand AI tools
Software-as-a-Service

Rezolv raises USD $12.5 million to expand AI tools

The funding will help the Mumbai-based lender software maker push AI across collections and lending workflows for banks and NBFCs.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Colter Bay backs Vertical Aviation with AUD $115m loan
Oil and Gas

Colter Bay backs Vertical Aviation with AUD $115m loan

Fresh capital will help Vertical Aviation refinance bank debt and fund aircraft buys as private credit gains ground in Australian lending.

By Mark Tarre • 4 min read • Last month
Lenvi expands standby servicing team on rising demand
Disaster Recovery

Lenvi expands standby servicing team on rising demand

The enlarged team is meant to reassure lenders and investors as standby servicing becomes a bigger part of risk planning for loan portfolios.

By Sofiah Nichole Salivio • 3 min read • Last month

Stories from Other Regions

Credit risk stories

Actuaries & UTS launch AI risk guidance for finance
Digital Transformation

Actuaries & UTS launch AI risk guidance for finance

Most financial firms using AI still lack proper risk checks, prompting fresh guidance as regulators warn oversight is lagging.

By Karen Joy Bacudo • 4 min read • This month
Brickflow warns lenders gaps can cost borrowers £1m
Fintech

Brickflow warns lenders gaps can cost borrowers £1m

Property borrowers could tie up over GBP £1 million more in equity on a single deal if they fail to compare specialist lenders.

By Karen Joy Bacudo • 4 min read • Last month
PublicSquare taps LendSuite for PSQ Payments access
Software-as-a-Service

PublicSquare taps LendSuite for PSQ Payments access

Nearly 150 lenders will soon be able to add PSQ Payments inside their existing loan systems, widening PublicSquare's reach beyond direct sales.

By Karen Joy Bacudo • 3 min read • Last month
UK credit card payment rates fall as balances rise
Risk & Compliance

UK credit card payment rates fall as balances rise

Rising debt burdens and weaker repayment rates are increasing pressure on households, with average active balances hitting a record GBP £1,975.

By Sofiah Nichole Salivio • 4 min read • Last month
M&T Bank & RDC.AI win Banking Tech award for credit insight
Data Analytics

M&T Bank & RDC.AI win Banking Tech award for credit insight

The award highlights how predictive analytics is helping M&T Bank spot credit risks earlier and cut alert noise for commercial lenders.

By Sean Mitchell • 3 min read • Last month
Nexo launches crypto-backed credit lines in Australia
Fintech

Nexo launches crypto-backed credit lines in Australia

Eligible Australians can now borrow against cryptocurrency without selling it, as the product sits under the country's consumer credit rules.

By Karen Joy Bacudo • 4 min read • Last month
One in eight Australian cafés shut as pressures mount
Small Business

One in eight Australian cafés shut as pressures mount

Higher costs and weaker consumer spending have pushed Australia's hospitality sector into its worst strain in years, with arrears at record highs.

By Mark Tarre • 4 min read • Last month
Bank of America buys stake in Jio Credit for India push
Fintech

Bank of America buys stake in Jio Credit for India push

The US lender's move gives it a bigger foothold in India's fast-growing non-bank finance market as Jio Credit seeks fresh capital.

By Karen Joy Bacudo • 4 min read • Last month
AI is the new battleground in mortgage fraud detection
Data Analytics

AI is the new battleground in mortgage fraud detection

AI-made fake payslips and deepfakes are exposing lenders that still rely on fragmented mortgage checks, experts warn.

By Alex Stoney • 5 min read • Last month